Most of Ellies profits and revenue currently come from consumer electronics which I suspect will take a beating in the next 12 months. As I understand it Ellies wants to move into distrbuting generators. IMO, if you want to play the electrcity shortage theme it is better to go for a company that already has revenue and profits in this area and that does not come with consumer related baggage, ASO for example.
ELLIES BOUGHT MEGATRON,WHICH SUPPLIES GENERATORS.I LISTENED TO AN INTERVIEW WITH THE CEO OF ELLIES AND HE SAID THAT THEY ARE NOW SELLING TEN TIMES THE VOLUMES THEY USED TO.ALSO LATER THIS YEAR DIGITAL TV WILL BE AVAILABLE AND ELLIES ARE APPARENTLY THE ONLY GUYS SELLING THOSE DECODERS.ELLIES WILL DO WELL.REMEMBER THE PRICE HASNT MOVED MUCH SINCE THEIR LISTING,SO THERE SEEMS TO BE SOME UPSIDE
If Comrade Trevor removes the duty on GENERATORS in the next budget 20th Feb that will be a saving of 20% on duty plus the knock on effect of the lower VAT and Ad Valorem. Thus every Tom ***** & Harry will be puting BEE and Non Bee deals together to supply this with very little overheads Go Alibaba.com and request generators there are thousands of suppliers who will at the drop of a hat send the stuff here I am waiting for the budget then putting in an order to buy, go small UPS for servers and PC or Laptops I can litterally sell them from the harbour So Ellies Well Maybe